Press Releases - Regulating Non-Banking - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਸਤੰ 02, 2014
RBI cancels Certificate of Registration of Five NBFCs
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Unichem Finance & Enterprises Private Limited 1A, Alipore Avenue, Kolkata-700027 B-05.05174 July 10, 2003 July 17,
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Unichem Finance & Enterprises Private Limited 1A, Alipore Avenue, Kolkata-700027 B-05.05174 July 10, 2003 July 17,
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ਅਗ 20, 2014
RBI cancels Certificate of Registration of M/s Alchemist Holdings Ltd., New Delhi
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 on supervisory grounds. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Alchemist Holdings Ltd., New Delhi (CIN No.U74899DL 1995PLCO74874) 405, Jyotishikhar Tower, J
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 on supervisory grounds. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Alchemist Holdings Ltd., New Delhi (CIN No.U74899DL 1995PLCO74874) 405, Jyotishikhar Tower, J
ਅਗ 08, 2014
RBI cancels Certificate of Registration of M/s BNR Udyog Ltd
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s BNR Udyog Ltd. 6-3-650, 2nd Floor, Maheshwari Chambers, Somajiguda, Hyderabad-500082 09.00067 March 5, 1998 July 1
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s BNR Udyog Ltd. 6-3-650, 2nd Floor, Maheshwari Chambers, Somajiguda, Hyderabad-500082 09.00067 March 5, 1998 July 1
ਅਗ 05, 2014
RBI cancels Certificate of Registration
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Automatrix Commodities Private Limited 3B, National Library Avenue, 3rd Floor, Kolkata-700 027 B-05.05277 January 30,
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Automatrix Commodities Private Limited 3B, National Library Avenue, 3rd Floor, Kolkata-700 027 B-05.05277 January 30,
ਅਗ 01, 2014
RBI cancels Certificate of Registration of M/s DSL Finance Pvt. Ltd Private Limited & M/s Malayalam Hire Purchase and Leasing (P) Ltd
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial Institutions (NBFIs) under the powers conferred on it under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s DSL Finance Pvt. Ltd. D No. 6-3-666, 5th floor, Deccan Chambers, Somajiguda, Hyderabad-500084 B-09.00350 June 0
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial Institutions (NBFIs) under the powers conferred on it under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s DSL Finance Pvt. Ltd. D No. 6-3-666, 5th floor, Deccan Chambers, Somajiguda, Hyderabad-500084 B-09.00350 June 0
ਜੁਲਾ 28, 2014
RBI cancels Certificate of Registration of six NBFCs
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs). Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. GE Strategic Investments India (GESII) Unit No.401 & 402, 4th Floor, Aggarwal Millenium To
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs). Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. GE Strategic Investments India (GESII) Unit No.401 & 402, 4th Floor, Aggarwal Millenium To
ਜੁਲਾ 25, 2014
RBI penalises 12 banks in the case of M/s. Deccan Chronicle Holdings Ltd
The Reserve Bank of India has imposed a monetary penalty on 12 banks as under: Name of the Bank Amount of Penalty (` in lakh) 1. Andhra Bank 10 2. Axis Bank 15 3. Canara Bank 10 4. Corporation Bank 10 5. HDFC Bank 5 6. ICICI Bank 40 7. IDBI Bank 15 8. IndusInd Bank 10 9. Kotak Mahindra Bank 10 10. Ratnakar Bank 5 11. State Bank of Hyderabad 10 12. Yes Bank 10 The Reserve Bank had carried out a scrutiny of the loan and current accounts of M/s. Deccan Chronicle Holdings
The Reserve Bank of India has imposed a monetary penalty on 12 banks as under: Name of the Bank Amount of Penalty (` in lakh) 1. Andhra Bank 10 2. Axis Bank 15 3. Canara Bank 10 4. Corporation Bank 10 5. HDFC Bank 5 6. ICICI Bank 40 7. IDBI Bank 15 8. IndusInd Bank 10 9. Kotak Mahindra Bank 10 10. Ratnakar Bank 5 11. State Bank of Hyderabad 10 12. Yes Bank 10 The Reserve Bank had carried out a scrutiny of the loan and current accounts of M/s. Deccan Chronicle Holdings
ਜੁਲਾ 23, 2014
RBI cancels Certificate of Registration of Nano Financial Services India Private Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Nano Financial Services Indi
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Nano Financial Services Indi
ਜੁਲਾ 23, 2014
RBI cancels Certificate of Registration of M/s Kotasar Limited & United Credit & Development Co. Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Kotasar Limited 10, Clive
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Kotasar Limited 10, Clive
ਜੁਲਾ 23, 2014
RBI cancels Certificate of Registration of M/s Deutsche Securities India Pvt. Ltd. (DSIPL)
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Deutsche Securities India Pvt. Ltd. (DSIPL) ECE House, 28, Kasturba Gandhi Marg, New Delhi-110001 (CoR) No.14.01463
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Deutsche Securities India Pvt. Ltd. (DSIPL) ECE House, 28, Kasturba Gandhi Marg, New Delhi-110001 (CoR) No.14.01463
ਜੁਲਾ 18, 2014
RBI cancels Certificate of Registration of M/s Om Shridevi Finance and Leasing Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Om Shridevi Finance and
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Om Shridevi Finance and
ਜੁਲਾ 16, 2014
RBI cancels Certificate of Registration of Sri Sri Hire Purchase and Finance Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Sri Sri Hire Purchase and Fi
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Sri Sri Hire Purchase and Fi
ਜੂਨ 30, 2014
Applicable Average Base Rate for the Quarter beginning July 01, 2014 is 10.09 per cent
The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates they can charge their borrowers for the quarter beginning July 01, 2014 is 10.09 per cent. This was communicated by the Reserve Bank of India. Background In its circular dated February 7, 2014 issued to NBFC-MFIs regarding pricing of credit, the Reserve Bank had stated that it will advise the average of the base rates of the five la
The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates they can charge their borrowers for the quarter beginning July 01, 2014 is 10.09 per cent. This was communicated by the Reserve Bank of India. Background In its circular dated February 7, 2014 issued to NBFC-MFIs regarding pricing of credit, the Reserve Bank had stated that it will advise the average of the base rates of the five la
ਜੂਨ 24, 2014
RBI cancels Certificate of Registration of M/s Sahiwal Investment and Trading Company, New Delhi
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Sahiwal Investment and T
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Sahiwal Investment and T
ਜੂਨ 16, 2014
RBI cancels Certificate of Registration of M/s HCG Investment & Impex Ltd
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution: Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s HCG Investment & Imp
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution: Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s HCG Investment & Imp
ਜੂਨ 03, 2014
RBI cancels Certificate of Registration of three NBFCs
The Reserve Bank of India has cancelled the certificate of registration of three non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The three companies are: Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Siber F
The Reserve Bank of India has cancelled the certificate of registration of three non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The three companies are: Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Siber F
ਮਈ 27, 2014
RBI cancels Certificate of Registration of three NBFCs
The Reserve Bank of India has cancelled the certificate of registration of three non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The three companies are: Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of cancellation 1. M/s Mona Finvest Priva
The Reserve Bank of India has cancelled the certificate of registration of three non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The three companies are: Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of cancellation 1. M/s Mona Finvest Priva
ਮਈ 26, 2014
Requirement for obtaining prior approval of RBI in cases of acquisition or transfer of control of NBFCs (excluding Primary Dealers)
The Reserve Bank of India has today issued directions to all the non-banking financial companies (NBFCs), both deposit accepting and non-deposit accepting, stating that prior approval of the Reserve Bank is required in case of any takeover/acquisition of shares of an NBFC; or merger/amalgamation of an NBFC with another entity; or any merger/amalgamation of an entity with an NBFC, that would give the acquirer/ another entity control of the NBFC, or would result in acqu
The Reserve Bank of India has today issued directions to all the non-banking financial companies (NBFCs), both deposit accepting and non-deposit accepting, stating that prior approval of the Reserve Bank is required in case of any takeover/acquisition of shares of an NBFC; or merger/amalgamation of an NBFC with another entity; or any merger/amalgamation of an entity with an NBFC, that would give the acquirer/ another entity control of the NBFC, or would result in acqu
ਮਈ 20, 2014
RBI simplifies Documentation for NBFC Registration
The Reserve Bank of India has simplified the documentation for Non-Banking Financial Companies (NBFCs). Now, there will be a common application form for NBFCs, Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs), NBFC-Factors and Infrastructure Debt Fund - Non-Banking Financial Companies (IDF-NBFCs). The application form for Core Investment Companies (CICs) has been redesigned and there are two checklists of documents – one for registration as Non-Ban
The Reserve Bank of India has simplified the documentation for Non-Banking Financial Companies (NBFCs). Now, there will be a common application form for NBFCs, Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs), NBFC-Factors and Infrastructure Debt Fund - Non-Banking Financial Companies (IDF-NBFCs). The application form for Core Investment Companies (CICs) has been redesigned and there are two checklists of documents – one for registration as Non-Ban
ਮਈ 15, 2014
Performance of Non-Government Non-Financial Public Limited Companies deteriorated further during 2012-13 - Data Release
The Reserve Bank of India today released on its website data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies 2012-13. The data have been compiled based on audited annual accounts of select 3,014 NGNF public limited companies. It draws a comparative picture over the three year period 2010-11 to 2012-13. ‘Explanatory notes’ on data are given in Annex. Main findings: Sales growth decelerated during 2012-13. Growth in operating expenses
The Reserve Bank of India today released on its website data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies 2012-13. The data have been compiled based on audited annual accounts of select 3,014 NGNF public limited companies. It draws a comparative picture over the three year period 2010-11 to 2012-13. ‘Explanatory notes’ on data are given in Annex. Main findings: Sales growth decelerated during 2012-13. Growth in operating expenses
ਮਈ 06, 2014
RBI cancels Certificate of Registration of five NBFCs
The Reserve Bank of India has cancelled the certificate of registration of five non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The five companies are: Sr. No. Company's Name Address of Registered Office Date of cancellation 1. SKLS Finance Pvt. Ltd. 4/905, GNT Road, Padianallur,
The Reserve Bank of India has cancelled the certificate of registration of five non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The five companies are: Sr. No. Company's Name Address of Registered Office Date of cancellation 1. SKLS Finance Pvt. Ltd. 4/905, GNT Road, Padianallur,
ਅਪ੍ਰੈ 01, 2014
Temporary suspension of issuing Certificate of Registration (COR) for conducting business of NBFI
Several important developments have taken place in the financial sector warranting a major shift in the regulatory paradigm for the NBFC sector. The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households,(Nachiket More Committee) which submitted its report to the Bank on December 31, 2013, has made several recommendations pertaining to NBFCs. These recommendations are being examined by the Bank. Several changes to the regulatory a
Several important developments have taken place in the financial sector warranting a major shift in the regulatory paradigm for the NBFC sector. The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households,(Nachiket More Committee) which submitted its report to the Bank on December 31, 2013, has made several recommendations pertaining to NBFCs. These recommendations are being examined by the Bank. Several changes to the regulatory a
ਮਾਰਚ 28, 2014
Applicable Average Base Rate for NBFC-MFIs for the Quarter beginning April 01, 2014 is 10.09 per cent
The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates they can charge their borrowers for the quarter beginning April 01, 2014 is 10.09 per cent. This was communicated by the Reserve Bank of India. Background In its circular dated February 7, 2014 issued to NBFC-MFIs regarding pricing of credit, the Reserve Bank had stated that it will advise the average of the base rates of the five l
The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates they can charge their borrowers for the quarter beginning April 01, 2014 is 10.09 per cent. This was communicated by the Reserve Bank of India. Background In its circular dated February 7, 2014 issued to NBFC-MFIs regarding pricing of credit, the Reserve Bank had stated that it will advise the average of the base rates of the five l
ਮਾਰਚ 24, 2014
Certificate of Registration of Manchanda Finlease Private Limited - Cancelled
The Reserve Bank of India has on February 17, 2014 cancelled the certificate of registration No.B-09.00302, issued to Manchanda Finlease Private Limited, having its registered office at 1-2-412/18/C, 104, Gagan Mahal Colony, Hyderabad-500 029 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot transact the bu
The Reserve Bank of India has on February 17, 2014 cancelled the certificate of registration No.B-09.00302, issued to Manchanda Finlease Private Limited, having its registered office at 1-2-412/18/C, 104, Gagan Mahal Colony, Hyderabad-500 029 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot transact the bu
ਫ਼ਰ 17, 2014
Certificate of Registration of Raasula Securities Limited Cancelled
The Reserve Bank of India has cancelled the certificate of registration (CoR) No.B.09.00191 on January 6, 2014 issued to Raasula Securities Limited having its registered office at 301, 1-1-541, Sairam Suman Residency, Gandhi Nagar, Hyderabad-500020. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934
The Reserve Bank of India has cancelled the certificate of registration (CoR) No.B.09.00191 on January 6, 2014 issued to Raasula Securities Limited having its registered office at 301, 1-1-541, Sairam Suman Residency, Gandhi Nagar, Hyderabad-500020. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934
ਫ਼ਰ 07, 2014
Certificate of Registration of M/s Gaylord Ceramics Ltd. - Cancelled
The Reserve Bank of India has on November 11, 2013 cancelled the certificate of registration No.05.01939 dated May 2, 1998, issued to M/s Gaylord Ceramics Ltd., having its registered office at 98/7A, Harish Mukherjee Road, Kolkata-700025 (as per Bank's record) for carrying on the business of a non-banking financial institution as the company has voluntarily surrendered from carrying on NBFI activities.. Following cancellation of the registration certificate the compan
The Reserve Bank of India has on November 11, 2013 cancelled the certificate of registration No.05.01939 dated May 2, 1998, issued to M/s Gaylord Ceramics Ltd., having its registered office at 98/7A, Harish Mukherjee Road, Kolkata-700025 (as per Bank's record) for carrying on the business of a non-banking financial institution as the company has voluntarily surrendered from carrying on NBFI activities.. Following cancellation of the registration certificate the compan
ਫ਼ਰ 07, 2014
Certificate of Registration of M/s Equity Financial Services Private Limited Cancelled
The Reserve Bank of India has cancelled the certificate of registration (CoR) No.B.02.00214 on January 23, 2014 issued to M/s Equity Financial Services Private Limited having its registered office at 10, Bannerghatta Road, Near Diary Circle, Bangalore-560030. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (6) of the Reserve Bank of India
The Reserve Bank of India has cancelled the certificate of registration (CoR) No.B.02.00214 on January 23, 2014 issued to M/s Equity Financial Services Private Limited having its registered office at 10, Bannerghatta Road, Near Diary Circle, Bangalore-560030. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (6) of the Reserve Bank of India
ਜਨ 23, 2014
Certificate of Registration of M/s Nocil Agents Pvt. Ltd. Cancelled
The Reserve Bank of India has cancelled the certificate of registration (CoR) on October 11, 2013 issued to M/s Nocil Agents Pvt. Ltd. having its registered office at 158, Lenin Sarani, 3rd Floor, Kolkata- 700013 (as per Bank's record) and at 180, M.G.Road, Kolkata-700007 (as per MCA website). Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-
The Reserve Bank of India has cancelled the certificate of registration (CoR) on October 11, 2013 issued to M/s Nocil Agents Pvt. Ltd. having its registered office at 158, Lenin Sarani, 3rd Floor, Kolkata- 700013 (as per Bank's record) and at 180, M.G.Road, Kolkata-700007 (as per MCA website). Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-
ਜਨ 22, 2014
Certificate of Registration of M/s Bankebehari Trading & Investments Ltd. Cancelled
The Reserve Bank of India has on September 30, 2013 cancelled the certificate of registration (CoR) No. 05.01629 dated April 20, 1998, issued to M/s Bankebehari Trading & Investments Ltd. having its registered office at 11/1a, Chowringhee Terrace, Kolkata-700020 (as per Bank's record) and at 9/12, Lal Bazar Street, Block-E, 3rd Floor, Room No.11, P.S.Hare St., Kolkata-700001 (as per MCA website). Following cancellation of the registration certificate the company c
The Reserve Bank of India has on September 30, 2013 cancelled the certificate of registration (CoR) No. 05.01629 dated April 20, 1998, issued to M/s Bankebehari Trading & Investments Ltd. having its registered office at 11/1a, Chowringhee Terrace, Kolkata-700020 (as per Bank's record) and at 9/12, Lal Bazar Street, Block-E, 3rd Floor, Room No.11, P.S.Hare St., Kolkata-700001 (as per MCA website). Following cancellation of the registration certificate the company c
ਜਨ 22, 2014
Certificate of Registration of Matrix Enport Holdings Private Limited Cancelled
The Reserve Bank of India has on December 18, 2013 cancelled the certificate of registration (CoR) No. N-09.00432, issued to Matrix Enport Holdings Private Limited Cancelled having its registered office at 202, Gayatri Arcade, Plot No.D-19, Vikrampuri Colony, Karkhana, Secunderabad-500009. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (
The Reserve Bank of India has on December 18, 2013 cancelled the certificate of registration (CoR) No. N-09.00432, issued to Matrix Enport Holdings Private Limited Cancelled having its registered office at 202, Gayatri Arcade, Plot No.D-19, Vikrampuri Colony, Karkhana, Secunderabad-500009. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. By the powers conferred under Section 45-IA (
ਜਨ 09, 2014
Certificate of Registration of M/s Arshdeep Finance Limited Cancelled
The Reserve Bank of India has on December 6, 2013 cancelled the certificate of registration (CoR) No. A-14.00323 dated March 15, 2011, issued to M/s Arshdeep Finance Limited having its registered office at E-9, Flat No.2, 2nd Floor, Kalkaji, New Delhi-110019 and corporate office at 13, Crooked Lane, Ajit Sen Bhawan, 2nd Floor, Kolkata. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution
The Reserve Bank of India has on December 6, 2013 cancelled the certificate of registration (CoR) No. A-14.00323 dated March 15, 2011, issued to M/s Arshdeep Finance Limited having its registered office at E-9, Flat No.2, 2nd Floor, Kalkaji, New Delhi-110019 and corporate office at 13, Crooked Lane, Ajit Sen Bhawan, 2nd Floor, Kolkata. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution
ਸਤੰ 17, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
ਜੂਨ 07, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
ਜੂਨ 03, 2013
M/s Base Financials Limited, New Delhi Cancellation of Certificate of Registration
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of powers conferred on it under Section 45-IA(6) of the Reserve Bank of India Act, 1934, has cancelled on May 6, 2013, the Certificate of Registration bearing No.14.00679 dated April 24, 1998 issued to M/s Base Financials Limited, New Delhi (having its Registered Office at 904-A, Chiranjiv Tower, 43, Nehru Place, New Delhi - 110019), to carry on the business of a Non-Ban
It is hereby notified for the information of the public that the Reserve Bank of India in exercise of powers conferred on it under Section 45-IA(6) of the Reserve Bank of India Act, 1934, has cancelled on May 6, 2013, the Certificate of Registration bearing No.14.00679 dated April 24, 1998 issued to M/s Base Financials Limited, New Delhi (having its Registered Office at 904-A, Chiranjiv Tower, 43, Nehru Place, New Delhi - 110019), to carry on the business of a Non-Ban
ਮਈ 31, 2013
Check before Depositing Money with Financial Entities: RBI Advisory
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
ਮਈ 24, 2013
Finances of Non-Government Non-Financial Public Limited Companies, 2011-12
The Reserve Bank of India today released on its website, data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 3,041 NGNF public limited companies. It provides a comparative picture over the three-year period 2009-10 to 2011-12. ‘Explanatory notes’ on data are given at the end. Similar data for large NGNF Public Limited companies (each with paid-up capital ` 10
The Reserve Bank of India today released on its website, data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 3,041 NGNF public limited companies. It provides a comparative picture over the three-year period 2009-10 to 2011-12. ‘Explanatory notes’ on data are given at the end. Similar data for large NGNF Public Limited companies (each with paid-up capital ` 10
ਅਪ੍ਰੈ 26, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
ਅਪ੍ਰੈ 22, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
ਮਾਰਚ 20, 2013
Certificate of Registration of Vilas Finance & Investment Limited Cancelled
The Reserve Bank of India has on January 31, 2013 cancelled the certificate of registration No. B-09.00397 dated February 19, 2002, issued to Vilas Finance & Investment Limited, having its registered office at 5-37-27, 2nd Floor, 4/2 Brodipet, Guntur-522002 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company can
The Reserve Bank of India has on January 31, 2013 cancelled the certificate of registration No. B-09.00397 dated February 19, 2002, issued to Vilas Finance & Investment Limited, having its registered office at 5-37-27, 2nd Floor, 4/2 Brodipet, Guntur-522002 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company can
ਮਾਰਚ 20, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies on supervisory grounds, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration N
ਫ਼ਰ 22, 2013
Finances of Non-Government Non-Financial Large Public Limited Companies, 2011-12
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Large Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 1,843 large (each with paid-up capital of `10 million and above) NGNF public limited companies. It draws a comparative picture over the three year period 2009-10 to 2011-12. ‘Explanatory notes’ to the statements are given separately in Annexur
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Large Public Limited Companies, 2011-12. The data have been compiled based on audited annual accounts of 1,843 large (each with paid-up capital of `10 million and above) NGNF public limited companies. It draws a comparative picture over the three year period 2009-10 to 2011-12. ‘Explanatory notes’ to the statements are given separately in Annexur
ਫ਼ਰ 14, 2013
Certificate of Registration of Equitas Micro Finance India Private Limited Cancelled
The Reserve Bank of India has on December 3, 2012 cancelled the certificate of registration No. N-07-00768 dated March 13, 2008, issued to Equitas Micro Finance India Private Limited (erstwhile UPDB Micro Finance Private Limited), having its registered office at 4th Floor, Temple Tower, 672, Anna Salai, Chennai-600035 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following ca
The Reserve Bank of India has on December 3, 2012 cancelled the certificate of registration No. N-07-00768 dated March 13, 2008, issued to Equitas Micro Finance India Private Limited (erstwhile UPDB Micro Finance Private Limited), having its registered office at 4th Floor, Temple Tower, 672, Anna Salai, Chennai-600035 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following ca
ਫ਼ਰ 06, 2013
RBI releases Final Report of the Working Group on Issues Related to Gold Imports and Gold Loan NBFCs in India
The Reserve Bank of India has today placed on its website the final Report of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs (non-banking finance companies) in India. Key Recommendations of the Working Group: a. Macro Issues There is a need to moderate the demand for gold imports considering its impact on the current account deficit. A combination of demand reduction measures, supply management measures and measures to increase monet
The Reserve Bank of India has today placed on its website the final Report of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs (non-banking finance companies) in India. Key Recommendations of the Working Group: a. Macro Issues There is a need to moderate the demand for gold imports considering its impact on the current account deficit. A combination of demand reduction measures, supply management measures and measures to increase monet
ਜਨ 07, 2013
Certificate of Registration - Cancelled
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution. Sr. No. Company's Name Address of Registered Office Registration No. & Date Date of c
ਦਸੰ 12, 2012
RBI places on its Website Draft Guidelines based on Usha Thorat Committee Report on Issues and Concerns in NBFC Sector
In order to adopt a consultative approach, the Reserve Bank of India has, today, placed on its website, draft guidelines to address issues and concerns in the NBFC sector. The draft guidelines are based on recommendations made by the Working Group on the Issues and Concerns chaired by Smt. Usha Thorat, former Deputy Governor, Reserve Bank of India. The Report of the Working Group was placed on RBI website in August 2011. It may be recalled that the Working Group was c
In order to adopt a consultative approach, the Reserve Bank of India has, today, placed on its website, draft guidelines to address issues and concerns in the NBFC sector. The draft guidelines are based on recommendations made by the Working Group on the Issues and Concerns chaired by Smt. Usha Thorat, former Deputy Governor, Reserve Bank of India. The Report of the Working Group was placed on RBI website in August 2011. It may be recalled that the Working Group was c
ਅਕਤੂ 18, 2012
Certificate of Registration of Venkataraya Finance Private Limited Cancelled
The Reserve Bank of India has on August 29, 2012 cancelled the certificate of registration No. B-09.00366 dated July 20, 2001, issued to Venkataraya Finance Private Limited, having its registered office at 12-69-6, Industrial Area Road, Tanuku-534211, West Godavari District, Andhra Pradesh for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registratio
The Reserve Bank of India has on August 29, 2012 cancelled the certificate of registration No. B-09.00366 dated July 20, 2001, issued to Venkataraya Finance Private Limited, having its registered office at 12-69-6, Industrial Area Road, Tanuku-534211, West Godavari District, Andhra Pradesh for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registratio
ਅਗ 10, 2012
Certificate of Registration of Maruti Securities Limited Cancelled
The Reserve Bank of India has on June 13, 2012 cancelled the certificate of registration No. 09.00196 dated November 13, 1998, issued to Maruti Securities Limited, having its registered office at Plot No.66, Park View Enclave, Hasmatpet Road, Hyderabad-500009 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company canno
The Reserve Bank of India has on June 13, 2012 cancelled the certificate of registration No. 09.00196 dated November 13, 1998, issued to Maruti Securities Limited, having its registered office at Plot No.66, Park View Enclave, Hasmatpet Road, Hyderabad-500009 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company canno
ਜੂਨ 19, 2012
Certificate of Registration of Matruka Investments Ltd. - Cancelled
The Reserve Bank of India has on June 1, 2012 cancelled the certificate of registration No.13.00315 dated March 09, 1998, issued to Matruka Investments Ltd., having its registered office at Old No.27/1, 27/2 New No. 35/36, Sankey Road, Bangalore - 560001 for carrying on the business of a non-banking financial institution on supervisory grounds from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot transact the busin
The Reserve Bank of India has on June 1, 2012 cancelled the certificate of registration No.13.00315 dated March 09, 1998, issued to Matruka Investments Ltd., having its registered office at Old No.27/1, 27/2 New No. 35/36, Sankey Road, Bangalore - 560001 for carrying on the business of a non-banking financial institution on supervisory grounds from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot transact the busin
ਜੂਨ 08, 2012
Certificate of Registration of Sri Sai Siri Finance & Leasing Ltd. - Cancelled
The Reserve Bank of India has on April 19, 2012 cancelled the certificate of registration No.B-09.00176 dated March 01, 2005, issued to Sri Sai Siri Finance and Leasing Ltd., having its registered office at D.No.40-9/1-8, Vasavya Nagar Vijaywada-520010 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot trans
The Reserve Bank of India has on April 19, 2012 cancelled the certificate of registration No.B-09.00176 dated March 01, 2005, issued to Sri Sai Siri Finance and Leasing Ltd., having its registered office at D.No.40-9/1-8, Vasavya Nagar Vijaywada-520010 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from carrying on NBFI activities. Following cancellation of the registration certificate the company cannot trans
ਮਈ 11, 2012
Overseas Investment by Core Investment Companies (CICs)
Core Investment Companies (CICs) are entities which invest exclusively in group companies, mainly for holding purpose. The group companies may be operating in different sectors of the economy both financial and non-financial. In view of their unique nature of business (investment only for holding purpose) it has been decided to issue a separate set of Directions to CICs with regard to their overseas investments. The Draft Directions in this regard are enclosed. Commen
Core Investment Companies (CICs) are entities which invest exclusively in group companies, mainly for holding purpose. The group companies may be operating in different sectors of the economy both financial and non-financial. In view of their unique nature of business (investment only for holding purpose) it has been decided to issue a separate set of Directions to CICs with regard to their overseas investments. The Draft Directions in this regard are enclosed. Commen
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਜੁਲਾਈ 24, 2024
